Nine months on from the US tightening up regulation of money market funds (MMFs), organisations show little appetite for investing in prime money funds reports the Association for Financial Professionals.
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The US bank, which already has 350 employees based in the city, will transfer some trading activities currently undertaken in London and create a further 150 to 250 jobs according to reports.
Despite the country’s latest financial bailout, the outlook for Greek corporates over the next year is no better than mixed according to trade credit insurer Atradius.
A study by the London-based insurance market warns that economic losses could be similar to losses unleashed by Superstorm Sandy in 2012.
Chief financial officers increasingly are taking on responsibility for their organisation’s customer experience, a job that has traditionally been that of the chief marketing officer.
While offering a range of benefits, smart contracts also present users with major challenges and won’t fix inefficiencies in a company’s supply chain.
While the General Data Protection Regulation that comes into force next May is an EU initiative, the impact will be felt worldwide warns NTT Security.
The UK capital remains a magnet for tech investors and will also remain a major global centre for insurance.
The upcoming changes, which were published last week, risk imposing additional costs and industry consolidation according to the credit rating agency.
A study of professionals across the UK financial services sector finds that many are confused on how compliance with the legislation will be affected by withdrawal from the European Union.